Kinsale
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The Hartford and Aon also posted notable, though more muted, stock bumps. -
The CEO estimated that the loss trend is running in the high 5% range, slightly below the carrier’s rate increase.
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A roundup of today’s need-to-know news, including Commissioner Lara’s FAIR plan reforms.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Industry trends show the Axis book value growth goal may be hard to hit.
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The company reported 25.5% increase in GWP, down from the 40% growth in prior years.
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The Insurance Insider US news team runs you through the earnings results for the day.
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General liability represented the largest share of Kinsale’s reserves.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Michael Kehoe will relinquish the president’s role to COO Brian Haney and assume board chairmanship but will remain company CEO.
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The carrier believes its existing reserves account for any liability relating to claims.
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At least one carrier struck a note of caution during Q3 earnings about the ongoing rapid growth story in surplus lines.
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